Animal feed firm ForFarmers sees slight dip in UK feed volumes from a year ago
- Credit: Archant
An animal feed firm saw its volumes dip slightly in the UK in the first quarter of this year compared to the same time a year ago.
But Dutch-owned ForFarmers, which has its UK headquarters at Bury St Edmunds, saw rises in volumes of feed sold across the Netherlands, German and Belgium, and the UK figure was higher than in the previous quarter.
Chief executive Yoram Knoop said the firm was looking forward to becoming operational in Poland, where it is hoping to acquire feed firm Tasomix. “Our first quarter results paint a varied picture. Volume development is positive in all clusters and we are also satisfied with the improvement of our gross profit,” he said.
Milk prices are declining but are higher than at the same time last year, while average European pig prices are currently lower than in the comparative period last year. Broiler prices show a “mild upward trend”, ForFarmers said.